Brokers relinquish circular saw
Tuesday 11 June 1996
I think it was Winston Churchill who asked, after being appointed Chancellor of the Duchy of Lancaster, "What is a Duchy and where is Lancaster?" Anyway, Roger Freeman is the present incumbent, and Minister of Public Services to boot. Mr Freeman is also the minister responsible for implementing the Government's policy on Mad Cow Disease and the eradication thereof. The National Farmers' Union has invited the minister to address its north- eastern area on the subject, and obviously has a very clear idea of the Duchy's duties. In its announcement, the NFU dubs Mr Freeman simply: "Mr BSE."
Now that Lord Kingsdown has retired as Governor of the Bank of England he has more time to devote to his favourite hobbies such as bee-keeping and being Lord Lieutenant of Kent. But it's not all fun. Every month he has to head off to Basle for the board meeting of the Bank for International Settlements, the central bank for central banks. Lord Kingsdown has been a director since stepping down as Governor, and is succeeding Carlo Azeglio Ciampi as BIS vice-chairman. Not to worry, though. The BIS's formal meetings are extremely short. According to sources, all the real business is done informally. "The BIS is like a global restaurant for central bankers," the source said. Sounds like the ideal retirement job.
Howard Seymour, head of BZW's construction research team, recently sent his deputy, Chris Grant, on an analysts' trip to Denver, Colorado. A dozen analysts were there to hear a presentation by the giant construction firm Camas. The analysts took themselves off to a local Denver night spot called the I-Zone - where Mr Grant was refused entry. Apparently the doorman refused to believe Mr Grant was over 20 without suitable identification. Perhaps this explains Mr Grant's nickname among fellow analysts - "Student."
NatWest Ventures has just completed an MBO of an MBO - a pounds 20m secondary buyout of the Solicitors' Law Stationery Society. This supplier of paper and biros to the legal profession is better known as "Oyez" , and was formerly owned by that famous upholder of the law, Robert Maxwell.
One way to get going: The venture capital group 3i has done an analysis of 164 companies it has invested in, titled: The independent business sector - what does it take to be successful? By using "stepwise multi-regression and qualitative response models" (ooh-er), and cartoons such as the one below, 3i came to the startling conclusion that fast-growing companies have "a strongly focused business strategy" and high profits come from "product differentiation". Blow me down with a feather.
Presents unwrapped, turkey gobbled... it's time to relax
- 1 Jennifer Lawrence scores first UK top 40 single with Hunger Games track 'The Hanging Tree'
- 2 Shia LaBeouf claims he was raped during #IAMSORRY art installation performance
- 3 'You should come to my house and eat cheeses with me': 4-year-old sends adorable love letter to girl at school
- 4 Scientists predict green energy revolution after incredible new graphene discoveries
- 5 Michael Buerk wishes he killed Jimmy Savile when he had the chance - by pushing him overboard a cruise ship
Kim Jong-un 'in dire need of allies' within his own government as younger sister appointed to senior role
Black Friday UK: The shops hit by chaos and violence as shopping frenzy sweeps country
Scientists predict green energy revolution after incredible new graphene discoveries
Russell Brand: 'Katy Perry? I don’t know who that is'
Michael Buerk wishes he killed Jimmy Savile when he had the chance - by pushing him overboard a cruise ship
Obama: The only people with the right to object to immigration are Native Americans
Ukip says babies born to immigrants in the UK should be classed as migrants – which would include Nigel Farage’s own children
The young are the new poor: Sharp increase in number of under-25s living in poverty, while over-65s are better off than ever
Tamir Rice: 12-year-old boy playing with fake gun dies after being shot by Ohio police
Ukip mocked after mistaking Westminster Cathedral – for a mosque
David Cameron sets out immigration reforms: We should distrust Ukip and their 'snake-oil of simple solutions'
iJobs Money & Business
Excellent Package: Austen Lloyd: EAST ANGLIA - SENIOR SOLICITOR LEVEL ROLE** -...
£Attractive Package: Citifocus Ltd: Prestigious asset management house seeks a...
£Negotiable: Citifocus Ltd: This is a varied role focusing on the firm's mutua...
£90000 - £140000 per annum + benefits: h2 Recruit Ltd: Are you a high achievin...